A standout performer, page-13

  1. 13,098 Posts.
    lightbulb Created with Sketch. 1877
    LI label maker receives low-cost power for $8 million expansion

    Amcor Flexibles North America Inc. was awarded low-cost electricity from the state Power Authority. Credit: Barry Sloan
    By James T. Madore[email protected] @JamesTMadoreUpdated April 14, 2021

    A manufacturer of beverage labels is planning an $8.4 million expansion in Edgewood, state officials said.
    The project by Amcor Flexibles North America Inc. was awarded low-cost electricity from the state Power Authority. Eight allocations for other businesses also were approved by the authority’s board, including ones for Inter-County Bakery Supply in Deer Park and Milburn Flooring in Copiague.
    "The latest round of ReCharge NY power allocations on Long Island support nearly 750 jobs, energizing the regional economy as New Yorkers move to safely rebound from the COVID-19 pandemic," said authority CEO Gil C. Quiniones.
    The ReCharge NY awards are for seven years and can save companies and nonprofits thousands of dollars annually on utility bills. Half of the electricity is produced by dams near Niagara Falls and along the St. Lawrence River upstate.
    In return for 920 kilowatts of cheap hydropower, Amcor Flexibles promised to add five jobs to its payroll of 115 people. The company received the largest allocation and is investing the most money among the entities that won power allocations last month.
    A thousand kilowatts can power between 800 and 1,000 homes.
    Amcor Flexibles makes printed labels for bottles of soda, juices, sports and energy drinks, milk and powered drinks. They include Coca-Cola and Pepsi products.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$14.42
Change
-0.130(0.89%)
Mkt cap ! $9.249B
Open High Low Value Volume
$14.50 $14.50 $14.40 $16.73M 1.158M

Buyers (Bids)

No. Vol. Price($)
24 11520 $14.41
 

Sellers (Offers)

Price($) Vol. No.
$14.42 17217 21
View Market Depth
Last trade - 13.04pm 07/08/2025 (20 minute delay) ?
AMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.